Ramu sends nickel price to 5-year high amid tightest market in decade
Nickel price rockets after Papua New Guinea plant supplying 23% of LME warehoused nickel faces shutdown over ocean spill.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Gold price surges to new 6-year high
US-China trade war, return to ultra-loose monetary policy lights fire under gold.
Copper price bears “overlooking decent fundamentals”
A new report forecasts recovery in price on the back of a fall in global copper production, a thin project pipeline and misreading of inventory build-up.
Glencore could do for cobalt what it did for zinc – double the price
Glencore is halting a fifth of global cobalt production – a more modest cut in zinc output in 2015 produced spectacular results.
BHP’s potash price outlook dims Jansen hopes
BHP says onset of inducement pricing for new potash projects have been extended to "well beyond the 2020s."
Spodumene supply surge sinks lithium prices
Australian producers hit as 33% year-to-date spodumene price decline accelerates with little prospect of short term relief.
Gold price surges to record high in 73 currencies
Including all-time peaks in pound sterling, Canadian, Australian dollar and a USD six-year high in New York on Friday.
Trump tariff tweet hammers copper price to 7-month low
The bellwether industrial metal is now firmly in bear market territory.
Strong fundamentals could give gold price new leg up
The study shows central bank buying during first half of 2019 was up 57% and ETF gold holdings the highest in over six years.
CHART: Gold price risk index is flashing red
The last time behavioural finance indicators deviated this far was in 2011 when gold was hitting all-time highs.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.